Plan Ledger DOL Form 5500 · updated monthly

Limoneira Company401(k)

LIMONEIRA 401(K) PLAN · SANTA PAULA, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Limoneira Company reported $95,002 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,558 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 2,964th-largest of 9,483 plans among California employers on file, and the 185th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,382,370
Participants with balances278
Active participants238
Employer contributions$846,688
Employee contributions$1,072,641
Employer contribution per active participant$3,558
Average account balance$94,901
Benefits paid to participants$5,404,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 278 accts · $847K emplr
2023$26.3M · 295 accts · $820K emplr
2022$22.9M · 277 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,667
Investment management$46,335
Total administrative$95,002
The Limoneira Company 401(k) match · 2024
Employer contribution per active participant$3,558
Median for plans this size$2,416
2024$3,558 per active participant
2023$3,253 per active participant
2022$1,718 per active participant

Limoneira Company's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$48,666
WORLD INVESTMENT ADVISORS, LLC · Investment advisory (plan)$46,329
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$95,002 · 0.36%
2023$85,817 · 0.35%
2022$97,636 · 0.38%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Mariani Nut Company Inc. CA$30.4M · 0.04%
Church Brothers, LLC CA$27.5M · 0.11%
Kern Machinery, Inc. CA$27.5M · 0.36%
California Giant, Inc. CA$26.6M · 0.31%
Sun Pacific Shippers, LP CA$26.0M · 0.30%
Califia Farms, LLC CA$25.9M · 0.54%
Henry Avocado Corporation CA$22.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770260692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.